Foodfest International 2000 (Foodfest International 2000) EBIT : $-0.60 Mil (TTM As of Sep. 2011)

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What is Foodfest International 2000 EBIT?

Foodfest International 2000's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2011 was $-0.27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2011 was $-0.60 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Foodfest International 2000's annualized ROC % for the quarter that ended in Sep. 2011 was -61.43%. Foodfest International 2000's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2011 was -111.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Foodfest International 2000 EBIT Historical Data

The historical data trend for Foodfest International 2000's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Foodfest International 2000 EBIT Chart

Foodfest International 2000 Annual Data

Trend

Oct06

Oct07

Oct08

Oct09

EBIT

-0.21

0.07

-0.60

Foodfest International 2000 Quarterly Data
	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Dec10	Mar11	Jun11	Sep11
EBIT	Get a 7-Day Free Trial														-0.13	-0.08	0.04	-0.28	-0.27

Competitive Comparison of Foodfest International 2000's EBIT

For the Shell Companies subindustry, Foodfest International 2000's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Foodfest International 2000's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Foodfest International 2000's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Foodfest International 2000's EV-to-EBIT falls into.

Foodfest International 2000 EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.60 Mil.

Foodfest International 2000 (OTCPK:FDFT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Foodfest International 2000's annualized ROC % for the quarter that ended in Sep. 2011 is calculated as:

	ROC % (Q: Sep. 2011 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2011 )	+	Invested Capital (Q: Sep. 2011 ))	/ count )
=	-1.096 * ( 1 - 1.22% )	/	( (1.958	+	1.567)	/ 2 )
=	-1.0826288	/	1.7625
=	-61.43 %

where

	Invested Capital		(Q: Jun. 2011 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	4.303	-	2.951	-	( 0	-	max(0, 4.488	-	3.882	+	0	))
=	1.958

	Invested Capital		(Q: Sep. 2011 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	3.925	-	3.166	-	( 0	-	max(0, 4.355	-	3.547	+	0	))
=	1.567

Note: The Operating Income data used here is four times the quarterly (Sep. 2011) data.

2. Joel Greenblatt's definition of Return on Capital:

Foodfest International 2000's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2011 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2011 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2011		Q: Sep. 2011
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.096	/	( ( (0.351 + max(0.931, 0))	+	(0.309 + max(0.381, 0)) )	/	2 )
=	-1.096	/	( ( 1.282	+	0.69 )	/	2 )
=	-1.096	/	0.986
=	-111.16 %

where Working Capital is:

	Working Capital		(Q: Jun. 2011 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.56	+	2.213	+	0.109)	-	(2.951	+	0	+	8.8817841970013E-16)
=	0.931

	Working Capital		(Q: Sep. 2011 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.242	+	2.06	+	0.245)	-	(3.166	+	0	+	0)
=	0.381

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2011) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Foodfest International 2000's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2011 )
	=	-0.595	/	0.000
	=	%

Foodfest International 2000 EBIT Related Terms

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Foodfest International 2000 (Foodfest International 2000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Foodfest International 2000 Inc (OTCPK:FDFT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1016 9th Street, Coronado, CA, USA, 92118

Website

http://www.foodfestinternational2000.com

Foodfest International 2000 Inc currently has no operations.

Foodfest International 2000 (Foodfest International 2000) Headlines

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